Nordea Bank participates in the syndicated facility to OAO Tatneft

27.11.2009

Nordea Bank participates in the syndicated facility to OAO Tatneft

OJSC Nordea Bank is one of the lenders under the USD 1.5 billion syndicated facility to OAO Tatneft. The Bank also acts as a Mandated Lead Arranger.
The facility comprises two tranches - for 3 and 5 years respectively. The financing will be used for construction of TANECO oil-refineries and petrochemical plants in the city of Nizhnekamsk.